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Kula Gold Divests Westonia Project with $1.5M Deal Hinged on Gold Discovery
9:38am on Tuesday 23rd of September, 2025 AEST
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Mining
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Kula Gold Divests Westonia Project with $1.5M Deal Hinged on Gold Discovery
9:38am on Tuesday 23rd of September, 2025 AEST
Key Points
Sale of 100% owned Westonia Project to Forrestania Resources
Initial $500,000 cash payment with settlement in 7 days
Additional $1,000,000 payable upon discovery of 100,000 ounces JORC-compliant gold resource
Transaction subject to due diligence and standard commercial terms
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